Baidu Inc. (BIDU): Today's Featured Internet Winner

Baidu was a winner within the internet industry, rising $4.25 (4.8%) to $92.34 on heavy volume

Editor's Note: TheStreet ratings do not represent the views of TheStreet's staff or its contributors. Ratings are established by computer based on metrics for performance (which includes growth, stock performance, efficiency and valuation) and risk (volatility and solvency). Companies with poor cash flow or high debt levels tend to earn lower ratings in our model

Baidu ( BIDU) pushed the Internet industry higher today making it today's featured internet winner. The industry as a whole closed the day up 2.5%. By the end of trading, Baidu rose $4.25 (4.8%) to $92.34 on heavy volume. Throughout the day, 6,538,259 shares of Baidu exchanged hands as compared to its average daily volume of 4,116,400 shares. The stock ranged in a price between $89.00-$92.74 after having opened the day at $89.28 as compared to the previous trading day's close of $88.09. Other companies within the Internet industry that increased today were: Deltathree ( DDDC), up 42.9%, Angie's List ( ANGI), up 28.9%, ChinaNet Online Holdings ( CNET), up 22.8% and Akamai Technologies ( AKAM), up 17.7%.

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Baidu, Inc. provides Internet search services. Baidu has a market cap of $30.7 billion and is part of the technology sector. The company has a P/E ratio of 18.3, above the S&P 500 P/E ratio of 17.7. Shares are down 12.4% year to date as of the close of trading on Wednesday.

TheStreet Ratings rates Baidu as a buy. The company's strengths can be seen in multiple areas, such as its robust revenue growth, impressive record of earnings per share growth, compelling growth in net income, expanding profit margins and largely solid financial position with reasonable debt levels by most measures. We feel these strengths outweigh the fact that the company has had lackluster performance in the stock itself.